Posted December 16th, 2015 No Comments
President Obama Signs CU Reg Relief

On December 4th, President Obama signed into law three regulatory relief bills that credit unions have lobbied Congress to pass for several years. The bills were contained within the $305 billion highway funding transportation bill. The bill that was signed contained the modernization of privacy notification requirements, allowing privately insured credit unions to join the Federal Home Loan Bank (FHLB), and directs the Consumer Financial Protection Bureau (CFPB) to establish a process for determining whether an area should be designated as rural. {Read The Full Article}

Posted December 16th, 2015 No Comments
New 3Q15 CU + Bank Data Cooperatives Have The Edge

Be sure to check out the new 3rd Quarter credit union Data. Analyze your credit union versus local and national peers with CU Analyzer. A third quarter comparison of cooperative credit union to for-profit competitors shows: {Read The Full Article}

Posted December 16th, 2015 No Comments
NCUL HOLIDAY CLOSINGS

The League Office will be closed during the following days this holiday season:

Thursday, December 24th

Friday, December 25th

Thursday, December 31st in the afternoon

Friday, January 1st

We wish all of you and your families a VERY MERRY CHRISTMAS and HAPPY NEW YEAR!

Posted December 16th, 2015 No Comments
LETTERS FROM SANTA HAVE BEEN SENT!

We mailed 1566 Santa Letters this December!  Our elves made sure every letter was stamped and sent out the door.  Little, and even some big, kids should be receiving them soon.

If you have any members asking where they are, please let them know when they were sent and that it will be in the hands of the post offices as to when they arrive.  If they do not receive one, the options are to have us re-send it or you can refund the member.

Thank you for participating and have a wonderful holiday season! HO! HO! HO!

santa

Posted December 16th, 2015 No Comments
Kearney Federal Credit Union Announces New Name “Trius Federal Credit Union”

Kearney Federal Credit Union announced our new name at a celebration held on Thursday, December 3rd. President Dee Schriner said the new name “Trius,” will appeal to a broader audience and position the credit union for future growth. The name while abstract creates a sense of familiarity without being specific. The “Tri” prefix creates a sense of qualities and places joined. The “us” portion of the name also generates multiple connections, including country and each other. {Read The Full Article}

Posted December 16th, 2015 No Comments
Former CU Employee Looking for New Opportunity

Industry professional with 20+ years ALM, ALCO, & Financial Analysis experience looking for a new opportunity with an Eastern Nebraska credit union. Call Dale at (402) 669-3707.

Posted December 16th, 2015 No Comments
Department Releases Garnishment Summons Form

The Nebraska Department of Banking and Finance (NDB&F) announced the adoption of its new form “Service of Garnishment Summons Designation Form”. Financial institutions operating in Nebraska must designate a location for the service of garnishment summons. Financial institutions whose main chartered office is in Nebraska must designate that location while financial {Read The Full Article}

Posted December 16th, 2015 No Comments
Department Announces Adds “S” to CAMEL

The Nebraska Department of Banking & Finance (NDB&F) announced in a letter to Nebraska state chartered credit unions and the Nebraska Credit Union League (NCUL) that it would begin assessing “Sensitivity to Market Risk” with its own component rating “S”. The rating will now be CAMELS rather than CAMEL. {Read The Full Article}

Posted December 16th, 2015 No Comments
CFPB issues compliance bulletin on automatic debits

Screen Shot 2015-12-16 at 10.52.49 AM

The CFPB recently issued a compliance bulletin reminding service providers that consumer authorizations must be obtained for pre-authorized electronic fund transfers to comply with the Electronic Fund Transfer Act and Regulation E.

Posted December 16th, 2015 No Comments
Seven Steps for Smarter Electronic Channels

Seven Steps for Smarter Electronic Channels
Members are increasingly dependent on electronic channels to research financial topics and conduct transactions. And savvy credit unions know it’s critical to leverage the time members spend on their screens to drive deeper relationships and increase sales. The following can help you do both.

• Make good use of your home page. Although topic-specific search can give visitors a “side door” into your site,1 the home page is still considered prime real estate by many experts. Deliver effective navigation and design that takes advantage of the space offered by today’s larger monitors.2 For example, ensure your home page supports the top tasks that your customers perform on your site – customers come to a site to complete tasks and have a low tolerance to spend time searching for what they want to do. {Read The Full Article}

Posted December 16th, 2015 No Comments
A Message from the President…

As we prepare for the New Year I can’t help but be reminded that so much of what the League offers would not be possible without the support of our long-time partner, CUNA Mutual group. Throughout the entire year, CUNA Mutual Group provides the League with tremendous assistance.

For over 75 years, CUNA Mutual Group has provided credit unions with trusted products and services. But CUNA Mutual Group is much more than just a credit union system partner. {Read The Full Article}

Posted December 16th, 2015 No Comments
GreenPath Financial Wellness: An Employee Benefit

CUNA

According to a recent Employee Financial Wellness survey released by PwC, 51% of employees polled said they didn’t have enough emergency savings for unexpected expenses. Furthermore, concerns about financial security are not limited to those within a specific income bracket. Among employees earning $100,000 or more, 1 in 5 find it difficult to meet household expenses each month. {Read The Full Article}

Posted December 16th, 2015 No Comments
CUNA Bylaw Modernization

The Credit Union National Association announced that it would be modernizing their association bylaws. One of the anticipated changes is to accommodate choice in CUNA’s membership structure regarding dual membership in CUNA and Leagues. The CUNA Board has tasked the Corporate Governance Committee with drafting new bylaws to reflect governance changes. We anticipate that any modifications will not be effective until 2017. {Read The Full Article}

Posted December 16th, 2015 No Comments
YPCU Delivers Warmth to Area Shelter

During the months of November and December, the Young Professionals for Credit Unions (YPCU) collected warm clothing at the chapter meetings for a local shelter. The YPCU dropped off around 200 items including coats, boots, hats, gloves and scarves. THANK YOU to everyone that donated. The YPCU greatly appreciated it, as did the Siena/Francis House!

 

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The mission of the Nebraska Credit Union League & Affiliates is to protect, promote and perpetuate the credit union movement in Nebraska.
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